Japan PM Fumio Kishida announces fresh salvo of sanctions against Russia amid Ukraine war

Furring Japan's retaliatory measures against Russia in view of latter's continuing military offensive in Ukraine, Prime Minister Fumio Kishida on Monday announced a fresh barrage of economic sanctions against Kremlin. new list of embargoes announced against Russia includes a ban on imports of Russian gold and giving accounting, trust and or services to Moscow, NHK World-Japan reported. PM Kishida also announced that Japan will freeze assets of an ditional 70 Russian individuals and organizations as well as impose a ban on exports to 90 military-linked organizations.

Earlier on June 26, Kishida travelled to Germany to attend G7 summit. During summit in sourn Germany's Schloss Elmau, Kishida and or Group of Seven (G7) leers discussed security and diplomatic issues. In meeting, Kishida talked about crisis in Ukraine and stressed that world is at crossros in history and is being put to test on wher or not it can keep international order on basis of rules, as per NHK World - Japan report. He furr emphasized that frameworks like United Nations Security Council have not been able to dress current situation appropriately. In his meeting, Kishida committed to bolstering international order on basis of rule of law and highlighted that or countries should not learn wrong lessons from conflict in Ukraine. 

It is pertinent to mention here that ever since Russian invasion of Ukraine, Japan and its allies have been imposing sanctions against Russia and delivering assistance to Ukraine. Earlier on June 7, Japanese government announced sanctions against two Russian banks and one Belarusian bank. Japan will freeze assets of Russian Agricultural Bank, Credits Bank of Moscow as well as Belarusian bank of Development and Reconstruction, TASS report. new measures announced by Japanese government will come into effect on July 7. Furrmore, Japanese government has announced a ban on export of goods that help in "building up industrial infrastructure."

Japan announces financial support for Ukraine 

In dition to sanctions, Japan has also been supporting Ukraine using military and economic support. Earlier on June 7, Suzuki Takako, State Minister for Foreign Affairs of Japan and Sergiy Korsunky, Ambassor Extraordinary and Plenipotentiary of Ukraine, signed an agreement for ditional financial support of 65 billion yen for "Emergency Economic Reconstruction Development Policy Loan." According to statement released by Japanese government, program is aimed at providing ditional financial support as parallel financing with International Bank for Reconstruction and Development, to meet short-term financial demand of Ukraine.

Image: AP